Stock market outlook: Rally coming amid strong earnings, weaker dollar

Stronger-than-expected first quarter earnings and a weakening US dollar will help the stock market rally in the near term, according to Deutsche Bank's US stock chief.

As the US dollar weakens, companies that do business overseas should see a boost in sales. Last week, the greenback slumped to a one-year low against a basket of other currencies. Still, there is considerable uncertainty for the market moving forward, Chadha says, adding that the US economy could either"start growing" or"suddenly crash."

BidenInflation

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Fed Pause Wouldn’t Necessarily Refresh Stock MarketFaltering earnings growth and high valuations are factors that could undercut stocks’ tendency to rise after rates peak. Bullshit! The stock market is not the economy
Fuente: WSJ - 🏆 98. / 63 Leer más »

Why 5% interest rates might not derail the stock market or the U.S. economy'A 5% interest rate is not going to break the market,' says Ben Snider, managing director, U.S. portfolio strategy at Goldman Sachs Asset Management. 3-5% rates are the norm The rates at .125 to 1% were the abnomally Companies had business plans based on rates that were not normal long term and now they will suffer for it
Fuente: MarketWatch - 🏆 3. / 97 Leer más »